SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 3
AMERICAN GOVERNMENT INCOME FUND, INC.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
025 917 105
(CUSIP Number)
Check the appropriate box to designate the rule purusant to which this Schedule
is filed:
[X] Rule 13d-1(b)
1) Name and I.R.S. Identification No. of Reporting Person:
Yale University
I.R.S. Number 06-0646973-N
2) Check the Appropriate Box if a Member of a Group:
(a) (Not Applicable)
(b) (Not Applicable)
3) SEC Use Only
4) Citizenship or Place of Organization:
Yale University is a Connecticut corporation.
Number of Shares (5) Sole Voting Power - 0
Beneficially Owned by
Each Reporting (6) Shared Voting Power (Not Applicable)
Person With:
(7) Sole Dispositive Power - 0
(8) Shared Dispositive Power (Not Applicable)
9) Aggregate Amount Beneficially Owned by Each Reporting Person: 0
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares:
(Not Applicable)
11) Percent of Class Represented by Amount in Row (9): 0.0%
12) Type of Reporting Person: EP
Item 1.
(a) Name of Issuer:
American Government Income Fund, Inc. (the "Company")
(b) Address of Issuer's Principal Executive Office:
American Government Income Fund, Inc.
c/o Piper Capital Management Incorporated
Piper Jaffray Tower
222 South Ninth Street
Minneapolis, Minnesota 55402
Item 2.
(a) Name of Person Filing:
Yale University
(b) Address of Principal Office:
Yale University Investments Office
230 Prospect Street
New Haven, CT 06511-2107
Attn: Casey D. Whalen, Senior Financial Analyst
(c) Citizenship:
Yale University is a Connecticut corporation.
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
025 917 105
Item 3.
If this statement i filed pursuant to rules 13d-1(b) or 13d-2(b), check whether
the person filing is
a:
. . . .
(f) [X] . . . Endowment Fund; see section 240.13d-1(b)(1)(ii)(F).
. . . .
Item 4. Ownership:
(a) Amount Beneficially Owned: 0
(b) Percent of Class: 0.0%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the vote:
(Not Applicable)
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
(Not Applicable)
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: [ X ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
(Not Applicable)
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
(Not Applicable)
Item 8. Identification and Classification of Members of Group:
(Not Applicable)
Item 9. Notice of Dissolution of Group:
(Not Applicable)
Item 10. Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 16, 1999
/s/ David F. Swensen
Name: David F. Swensen
Title: Chief Investment Officer
